I deal with a lot of out of state investors and what I will say is that you can find really good rental properties in this area, but I would not spend what you are talking about spending.

I sell to landlords and base my offers off of what they are looking to spend in each neighborhood.Steph

Or alternatively you could spend more and get something that has a better chance of appreciating (near better shops,amenities,jobs,etc) , but your monthly cash flow will probably be lower.

Water bills can run high when someone leaves a faucet on for an extended period of time.I also think Mike gave a pretty good target price to make this worthwhile.

I'm not sure to what extent my direct mailing services should extend to?

It is actually a brilliant rant about out of controlled spending that I thought you'd all get a kick out of:The devalued Prime Minister of a devalued GovernmentThoughts?

As my bf says "you can't spend a quote" but I'll tell you, this is seriously increasing my energy levels!

As a cash buyer I am not going to spend (invest?

Just got my return back from him, so I'm going to spend some time figuring out exactly how he categorized everything so I can do it more cleanly in the future.My understand is that the improvements you make before its rent ready go into the basis.

Lena, first just spend some time educating yourself and networking.I would highly suggest seeking out those in your area who are investing and pick their brains.